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Broker
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Mohammed Mazhar
Within 1 year

Does Upbest impose any charges when depositing or withdrawing funds?

Broker Issues
Upbest
Deposit
Withdrawal
04-07
United States
WikiFX
Reply

After closely reviewing Upbest and considering my own risk management approach, I have not found concrete details about deposit or withdrawal fees on their official website or in user commentary. While my trading practice always leads me to verify such critical costs before opening an account, the lack of transparency here is a concern for me. On one hand, some regulated brokers do offer fee-free transactions, but in my experience, when a company does not clearly state its policy on possible charges, it can create uncertainty. This is particularly important due to the financial impact even small fees can have over time, especially when making frequent deposits or withdrawals. Additionally, I noticed mixed feedback among Upbest clients. One user alleged serious issues with bank cards and response delays, while another described prompt customer service. I interpret this unpredictability as a signal to proceed with caution. Personally, before committing any significant funds, I would reach out to customer support and request written clarification of all transaction-related charges. Since Upbest is relatively new in operation and active in a tightly regulated market like Hong Kong, having straightforward answers to these basic questions is something I consider essential for building trust and ensuring my capital is safe.

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